Period
to 20 September 2021

The following table provides summary statistics for contract job vacancies advertised in London with a requirement for IFRS skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited IFRS over the 6 months to 20 September 2021 with a comparison to the same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

International Financial Reporting Standards (IFRS)
England > London
6 months to
20 Sep 2021
Same period 2020 Same period 2019
Rank 464 337 534
Rank change year-on-year -127 +197 +38
Contract jobs citing IFRS 78 15 63
As % of all contract jobs advertised in London 0.23% 0.11% 0.16%
As % of the Quality Assurance & Compliance category 1.93% 1.03% 1.55%
Number of daily rates quoted 54 8 43
10th Percentile £502 £350 £415
25th Percentile £525 £378 £488
Median daily rate (50th Percentile) £580 £406 £550
Median % change year-on-year +42.77% -26.14% -2.22%
75th Percentile £656 £526 £700
90th Percentile £709 £541 £800
England median daily rate £580 £475 £550
% change year-on-year +22.11% -13.64% -

IFRS is in the Quality Assurance and Compliance category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in London with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
London
Contract vacancies with a requirement for quality assurance or compliance skills 4,033 1,460 4,072
As % of all contract IT jobs advertised in London 12.09% 11.12% 10.49%
Number of daily rates quoted 2,785 951 2,808
10th Percentile £325 £304 £300
25th Percentile £425 £400 £388
Median daily rate (50th Percentile) £530 £500 £495
Median % change year-on-year +6.00% +1.01% +4.21%
75th Percentile £638 £588 £575
90th Percentile £712 £660 £663
England median daily rate £500 £474 £450
% change year-on-year +5.54% +5.28% -
Number of hourly rates quoted 42 19 57
10th Percentile £14.52 £15.42 £12.00
25th Percentile £19.55 £16.98 £13.00
Median hourly rate £25.75 £22.00 £17.66
Median % change year-on-year +17.05% +24.58% -26.05%
75th Percentile £32.63 £49.00 £24.00
90th Percentile £46.49 £54.20 £35.75
England median hourly rate £20.19 £22.25 £21.02
% change year-on-year -9.28% +5.84% +5.11%

IFRS
Job Vacancy Trend in London

Job postings citing IFRS as a proportion of all IT jobs advertised in London.

Job vacancy trend for IFRS in London

IFRS
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing IFRS in London.

Daily rate trend for IFRS in London

IFRS
Daily Rate Histogram in London

Daily rate distribution for jobs citing IFRS in London over the 6 months to 20 September 2021.

Daily rate histogram for IFRS in London

IFRS
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing IFRS in London.

Hourly rate trend for IFRS in London

IFRS
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing IFRS within the London region over the 6 months to 20 September 2021. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Central London -39 15 £519 -5.68% 6
South London - 2 £600 -
IFRS
England

For the 6 months to 20 September 2021, IT contractor jobs citing IFRS also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the London region with a requirement for IFRS.

1 60 (76.92%) Finance
2 36 (46.15%) SQL
3 32 (41.03%) Banking
4 26 (33.33%) GAAP
5 22 (28.21%) Social Skills
6 20 (25.64%) Data Modelling
7 19 (24.36%) Business Analysis
8 16 (20.51%) Python
8 16 (20.51%) Data Analysis
9 15 (19.23%) Investment Banking
10 14 (17.95%) CIMA
11 13 (16.67%) AWS
12 12 (15.38%) General Ledger
13 11 (14.10%) Agile Software Development
13 11 (14.10%) GAP Analysis
13 11 (14.10%) CA
13 11 (14.10%) Big Data
14 10 (12.82%) ERP
14 10 (12.82%) SAP
15 9 (11.54%) Stakeholder Engagement
15 9 (11.54%) Data Engineering
15 9 (11.54%) SAP S/4HANA
15 9 (11.54%) Data Vault
16 8 (10.26%) IFRS 9
16 8 (10.26%) Apache Hive
16 8 (10.26%) Apache Spark
16 8 (10.26%) Scala
17 7 (8.97%) SAP FI-GL
17 7 (8.97%) Stakeholder Management
17 7 (8.97%) Informatica

IFRS
Co-occurring IT Skills in London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 8 (10.26%) Apache Spark
2 6 (7.69%) SAS
3 3 (3.85%) Oracle Workflow
Applications
1 2 (2.56%) Microsoft Excel
2 1 (1.28%) MS Visio
2 1 (1.28%) Spreadsheet
Business Applications
1 9 (11.54%) SAP S/4HANA
2 7 (8.97%) SAP FI-GL
3 3 (3.85%) Oracle FAH
3 3 (3.85%) Oracle General Ledger
3 3 (3.85%) Oracle Subledger Accounting
4 1 (1.28%) MoSes
4 1 (1.28%) Oracle ERP
Cloud Services
1 13 (16.67%) AWS
2 7 (8.97%) Azure
3 5 (6.41%) Power Platform
4 1 (1.28%) Amazon S3
4 1 (1.28%) AWS Data Pipeline
4 1 (1.28%) Azure Storage
4 1 (1.28%) PowerApps
4 1 (1.28%) Snowflake
Database & Business Intelligence
1 11 (14.10%) Big Data
2 9 (11.54%) Data Vault
3 8 (10.26%) Apache Hive
4 5 (6.41%) Power BI
5 3 (3.85%) Data Lake
6 2 (2.56%) Snowflake Schema
6 2 (2.56%) SQL Server
6 2 (2.56%) SQL Server Analysis Services
7 1 (1.28%) Amazon Athena
7 1 (1.28%) Amazon Redshift
7 1 (1.28%) Crystal Reports
7 1 (1.28%) Data Warehouse
7 1 (1.28%) Enterprise Data Warehouse
7 1 (1.28%) Metadata
7 1 (1.28%) Microsoft Analysis Services
7 1 (1.28%) NoSQL
7 1 (1.28%) Power Query
7 1 (1.28%) QlikView
7 1 (1.28%) SAP BW
7 1 (1.28%) SQL Server Integration Services
Development Applications
1 2 (2.56%) JIRA
2 1 (1.28%) Cucumber
2 1 (1.28%) Selenium
2 1 (1.28%) SpecFlow
2 1 (1.28%) Toad
General
1 60 (76.92%) Finance
2 32 (41.03%) Banking
3 22 (28.21%) Social Skills
4 15 (19.23%) Investment Banking
5 12 (15.38%) General Ledger
6 3 (3.85%) Retail
7 2 (2.56%) Analytical Skills
7 2 (2.56%) Documentation Skills
7 2 (2.56%) Wholesale Banking
8 1 (1.28%) Corporate Banking
8 1 (1.28%) Retail Banking
Job Titles
1 26 (33.33%) Analyst
2 17 (21.79%) Business Analyst
3 9 (11.54%) Architect
3 9 (11.54%) Data Architect
3 9 (11.54%) Financial Analyst
3 9 (11.54%) Project Manager
4 8 (10.26%) Data Modeller
5 7 (8.97%) Big Data Specialist
6 6 (7.69%) Data Engineer
7 5 (6.41%) Finance Business Analyst
8 4 (5.13%) SAP Analyst
8 4 (5.13%) SAP Business Analyst
8 4 (5.13%) SAP Manager
8 4 (5.13%) SAP Project Manager
9 3 (3.85%) Banking Analyst
9 3 (3.85%) Banking Business Analyst
9 3 (3.85%) Product Analyst
9 3 (3.85%) Product Business Analyst
9 3 (3.85%) Test Analyst
10 2 (2.56%) Workstream Lead
Libraries, Frameworks & Software Standards
1 4 (5.13%) XML
2 2 (2.56%) XML Messaging
3 1 (1.28%) Gherkin
3 1 (1.28%) Oracle Fusion
3 1 (1.28%) Shiny
Miscellaneous
1 4 (5.13%) Credit Risk
2 3 (3.85%) Market Risk
3 2 (2.56%) Foreign Exchange (FX)
3 2 (2.56%) Self-Motivation
4 1 (1.28%) Derivative
4 1 (1.28%) Interest Rate Derivative
4 1 (1.28%) Public Cloud
4 1 (1.28%) Reinsurance
4 1 (1.28%) Taxonomies
Operating Systems
1 1 (1.28%) Unix
1 1 (1.28%) Windows
1 1 (1.28%) Windows Server
Processes & Methodologies
1 20 (25.64%) Data Modelling
2 19 (24.36%) Business Analysis
3 16 (20.51%) Data Analysis
4 11 (14.10%) Agile Software Development
4 11 (14.10%) GAP Analysis
5 10 (12.82%) ERP
6 9 (11.54%) Data Engineering
6 9 (11.54%) Stakeholder Engagement
7 7 (8.97%) Logical Data Model
7 7 (8.97%) Stakeholder Management
8 6 (7.69%) Scrum
9 5 (6.41%) Data Governance
9 5 (6.41%) Data Lineage
9 5 (6.41%) Kimball Methodology
9 5 (6.41%) Test Scripting
10 4 (5.13%) Data Architecture
10 4 (5.13%) Data Transformation
10 4 (5.13%) Physical Data Model
10 4 (5.13%) Project Management
10 4 (5.13%) Workflow
Programming Languages
1 36 (46.15%) SQL
2 16 (20.51%) Python
3 8 (10.26%) Scala
4 2 (2.56%) MATLAB
4 2 (2.56%) PowerShell
4 2 (2.56%) R
4 2 (2.56%) VBA
5 1 (1.28%) PL/SQL
5 1 (1.28%) Shell Script
5 1 (1.28%) T-SQL
Qualifications
1 14 (17.95%) CIMA
2 3 (3.85%) ACCA
2 3 (3.85%) Degree
Quality Assurance & Compliance
1 26 (33.33%) GAAP
2 8 (10.26%) IFRS 9
3 5 (6.41%) Solvency II
4 3 (3.85%) GDPR
4 3 (3.85%) QA
4 3 (3.85%) Sarbanes-Oxley
5 1 (1.28%) Data Quality
5 1 (1.28%) FINREP
5 1 (1.28%) ITGC
Systems Management
1 1 (1.28%) Control-M
Vendors
1 11 (14.10%) CA
2 10 (12.82%) SAP
3 7 (8.97%) Informatica
4 6 (7.69%) Oracle
5 3 (3.85%) Murex
6 2 (2.56%) Alteryx
6 2 (2.56%) Microsoft
7 1 (1.28%) Calypso
7 1 (1.28%) Databricks
7 1 (1.28%) IBM
7 1 (1.28%) StreamSets